Wu Shuo learned that encrypted lending service provider Antalpha released unaudited financial data for the second quarter of 2026. Revenue was US$12.2 million, down 28% year over year; net loss attributable to Antalpha was US$12.5 million, compared with a net profit of US$0.7 million in the same period last year. The main factor was fair value losses on XAUt and XAUE held by Aurelion. In the same period, the total loan value facilitated by the company was US$1.35 billion, down 34% year over year. Antalpha expects revenue for the third quarter of 2026 to be between US$10.0 million and US$12.0 million.
